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Saturday, August 2, 2008

This graph (click on the image to see a larger version) may be of help to those of you who, like us, are attempting to make sense of the turbulent Sacramento real estate market with the hopes of someday buying a house. In addition, we've found the following two blogs to be of assistance:

Anonymous, did you look at the graph? If you bought in 2004 and had to sell today, more likely than not, you'd be losing money. Unless of course you were quickly flipping houses to less fortunate souls who are now either upside down or in foreclosure.

Oh, and sure, I've read a lot of other stuff -- most with less than compelling track records. Is there a site/blog you would personally recommend?

so...you wait for the splat...of course you don't know it's the bottom until it begins to go up again (and may as well be this type of market)...but you'll be on the other side of the buyer's party leaving you much less to choose from, no?